Archive News


Event-tech startup Hubilo raises funding from Freshdesk’s Girish Mathrubootham & others

Hubilo, an Ahmedabad-based event-tech startup, that provides integrated end to end online solutions for event organizers has raised an undisclosed amount of funding from a group of investors including Girish Mathrubootham, cofounder of Freshdesk.The startup offers an user-friendly interface for every event organizer to create, promote, sell tickets, manage and […]

Fitness discovery platform Froyofit raises Pre-Series A funding

Indore-based fitness discovery platform, Froyofit has raised an undisclosed amount in Pre-Series A round of funding led by Dr Pooja Gandhi, an Indian actress and producer. The funding will be utilized to expand to other Tier II markets and acquire more users.

Social networking app Sharechat raises $ 4 Million funding

Social networking app Sharechat, which helps the local, vernacular crowd to chat and share posts in their regional languages, has raised $4 million. Funds from the latest round, led by Lightspeed India Partners and existing investors SAIF Partners and India Quotient, will be utilized to extend the app’s reach to […]

Cloud telephony firm Knowlarity raises funding from Delta Partners, Sequoia and others

Cloud telephony firm Knowlarity Communications Pvt Ltd has raised INR 133 crore in a Series C funding round from Dubai-based private equity firm Delta Partners Capital and other investors. The funding will be utilized to expand into international markets, make acquisitions and invest in advanced technology products for its customers.

Background verification firm BetterPlace raises funding from Venture Highway

Bangalore-based startup , BetterPlace Safety Solutions Pvt Ltd that uses data analytics to offer background verification services, has received an undisclosed amount of investment from Venture Highway through VH Capital. Started in 2015 the startup provides personal, employment, educational, criminal and training verification services.

Infosys makes LP investment in former Helion execs’ VC fund Stellaris

India’s second-largest IT services company Infosys Ltd will invest in the maiden fund of home grown early-stage venture capital firm Stellaris Venture Partners.Infosys will invest Rs 31.6 crore ($4.62 million) for a minority holding of up to a fifth of overall corpus being raised under Stellaris Venture Partners India I. […]

Dubai-based VC firm Cocoon Ventures launches in India

Cocoon Ventures, a Dubai based venture capital firm, is looking to invest around $ 20 million in Indian startups. Apart from direct investments, the firm is also looking to invest through tie ups with other accelerators and funds.The early stage investment firms core focus areas are information technology and internet […]

Bot protection platform InfiSecure raises funding from IDG Ventures, Axilor Ventures

Mumbai-based InfiSecure, a real-time bot detection and protection platform, has raised $600,000 in seed funding from IDG Ventures and Axilor Ventures.The funding will be utilized for research and global business development. It will also be invested in technology innovation to cover more aspects of website protection.

B2B marketplace Udaan raises $10 Million from Lightspeed

Udaan, a business-to-business online marketplace has raised $10 million in series A funding from venture capital firm Lightspeed Venture Partners India and Lightspeed US. Udaan is currently running a pilot connecting manufacturers, wholesalers, traders and retailers. It has two categories so far—mobile accessories and fashion products.

AYE Finance raises Series B funding from new and existing investors

Delhi-based non-banking financial company AYE Finance (AYE) has closed its Series B round of funding worth INR 70 crore from LGT Impact Ventures and existing investors SAIF Partners and Accion.The funding will be utilized to grow outreach across the country with a target loan portfolio of more than Rs 2,000 […]

Vocabulary learning firm VoLT raises funding from YMS Mobitech

Ed-tech startup VoLT, run by Edutainment Spearheads Pvt Ltd, has raised an undisclosed amount of seed funding from YMS Mobitech, a tech-based distribution company.VoLT (Vocabulary Learning Technique) simplifies vocabulary learning process using creative teaching methodologies, mnemonics, anecdotes and colored pictures for better retention.

Digital media venture Awesummly raises angel funding

Bengaluru-based NitroLabs Technology Pvt Ltd, the company which runs and operates news summarisation app Awesummly, has raised $146K (Rs 1 crore) in funding from Vivek Bhargava, chief executive, iProspect and Ameera Shah, promoter and managing director of Metropolis Healthcare. Awesummly is a machine-intelligence powered short news app which provides personalised […]

Networking startup Nodd raises funding from former Just Dial CTO, others

Mumbai-based Nodd Ventures Pvt Ltd, the company which operates networking app Nodd, has raised INR 1 crore ($146,000) in funding from former Just Dial Ltd chief technology officer Sandipan Chattopadhyay, IKYA Global associate partner Jaison Jose and other investors. The funding will be utilized to scale up its operations and […]

JLL, HDFC Red eye; SoftBank comes in with bridge round

Japanese telecom and Internet conglomerate SoftBank Group Corp, a leading investor in several Indian tech startups, has put in an additional $5 million (Rs 34 crore) in a bridge round in real estate portal Housing.

CRM firm Helpshift raises $23 Million in Series B funding round from Cisco Investments, others

Cisco Investments has joined the Series B funding round of Pune- and San Francisco-based mobile customer relationship management (CRM) firm Helpshift Inc. The firm had raised raised $23 million (around Rs 153.6 crore). Helpshift and Cisco will explore opportunities to integrate Helpshift’s in-app customer support solutions with Cisco’s leading contact […]

Fintech startup Datasigns Technologies raises angel funding

Bengaluru-based Datasigns Technologies Pvt Ltd, a mobile first financial technology start-up, has raised an undisclosed amount in angel funding led by Sanjai Vohra, former managing director of JP Morgan and UBS, and V Bunty Bohra, managing director and India CEO of a large global investment bank. The startup works on […]

UClean raises seed funding from Franchise India

Tech enabled laundry service provider, UClean, has raised an undisclosed amount in seed funding in a round led by franchise and retail solution group, Franchise India.The funding will be utilized to develop UClean into a 500+ laundromats chain over the next five years.

Quikr acquires home rental marketplace Grabhouse

Online classifieds portal Quikr India Pvt Ltd has acquired Bangalore-based home rental marketplace Grabhouse for an undisclosed amount. As part of this deal, Quikr will integrate Grabhouse’s products and technology stack into QuikrHomes while also reaping strong synergies the business has with its other verticals. Post deal, Grabhouse will continue […]

Analytics firm Vymo raises $5 Million from Sequoia India

Bengaluru-based predictive sales analytics start-up Vymo has raised $5 million in a series A round of fundraising from the venture capital firm Sequoia India. The funding will be utilized to deepen research and development (R&D) initiatives and expand presence in international markets in regions such as the Middle East and […]

Late-night food delivery firm Bats on Delivery raises angel funding

Bats on Delivery, an on-demand food and essential commodities delivery services firm, has raised an angel round of funding from a Delhi-based businessman. The funding will be utilized to set up a centralized kitchen in Gurgaon and several physical take-away outlets in Delhi-NCR. The startup has  raised INR 60 Lakh […]

Fintech firm raises funding from Kae Capital, Khosla Impact

Gurgaon-based Paradime Technologies Pvt Ltd, which runs cash-flow management startup numberz, has raised seed funding of $650,000 from investors Kae Capital and Khosla Impact. The startup helps small and medium enterprises (SMEs) to manage their cash flow better including services like invoice management and expense management.

Yunus Social Business launches India-focused impact fund

Germany-headquartered Yunus Social Business Global has launched a new fund, Yunus Social Business Fund Bengaluru (YSBFB), to invest in enterprises that provide business solutions to bring about significant social transformation. The fund will focus on sectors like education, healthcare, housing and agriculture. It will back 4-5 social business companies in […]

Online hiring platform WorkIndia raises funding from Japan’s Asuka Holdings

WorkIndia, a job portal for blue-collar workers, has raised an undisclosed amount in investment from Japanese venture capital investor Asuka Holdings. Launched in 2015 , WorkIndia helps in the placement of delivery boys, office assistants, field sales executives, tele-callers and counter sales people in companies. It has 60,000 monthly active […]

Product photography start-up Pictor Imaging raises funding from Quarizon

Private equity fund Quarizon has invested INR 1 Crore in early-stage funding of Pictor Imaging Pvt Ltd, a product photography start-up. The funding will be utilized for strengthening technology, team size and for business development.